Zacks Investment Research upgraded shares of Medical Properties Trust (NYSE:MPW) from a sell rating to a hold rating in a report published on Saturday, Zacks.com reports.

According to Zacks, “Medical Properties Trust, Inc. is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT’s financing model allows hospitals and other healthcare facilities to unlock the value of their underlying real estate in order to fund facility improvements, technology upgrades, staff additions and new construction. Facilities include acute care hospitals, inpatient rehabilitation hospitals, long-term acute care hospitals, and other medical and surgical facilities. “

A number of other research analysts also recently weighed in on MPW. SunTrust Banks increased their price target on Medical Properties Trust from $19.00 to $20.00 and gave the company a buy rating in a research note on Thursday, June 25th. TheStreet upgraded shares of Medical Properties Trust from a c+ rating to a b- rating in a research report on Thursday, July 30th. Mizuho upgraded shares of Medical Properties Trust from a neutral rating to a buy rating and upped their price objective for the company from $20.00 to $23.00 in a research report on Monday, August 24th. They noted that the move was a valuation call. Stifel Nicolaus restated a buy rating and issued a $21.00 price objective on shares of Medical Properties Trust in a research report on Tuesday, September 1st. Finally, Deutsche Bank cut shares of Medical Properties Trust from a buy rating to a hold rating and lowered their price objective for the company from $23.00 to $19.00 in a research report on Friday, July 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. Medical Properties Trust presently has an average rating of Buy and an average target price of $21.12.

MPW stock opened at $18.32 on Friday. The business’s fifty day moving average is $19.06 and its 200-day moving average is $18.30. The company has a quick ratio of 3.69, a current ratio of 3.69 and a debt-to-equity ratio of 1.10. The company has a market cap of $9.69 billion, a P/E ratio of 22.34, a price-to-earnings-growth ratio of 1.55 and a beta of 0.50. Medical Properties Trust has a twelve month low of $12.35 and a twelve month high of $24.29.

Medical Properties Trust (NYSE:MPW) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.38 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.38. The company had revenue of $291.84 million for the quarter, compared to the consensus estimate of $310.89 million. Medical Properties Trust had a return on equity of 6.29% and a net margin of 38.41%. The firm’s quarterly revenue was up 51.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.31 EPS. Research analysts anticipate that Medical Properties Trust will post 1.54 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 5.90%. The ex-dividend date is Wednesday, September 9th. Medical Properties Trust’s dividend payout ratio (DPR) is presently 83.08%.

In other news, CEO Edward K. Aldag, Jr. sold 156,569 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $18.60, for a total transaction of $2,912,183.40. Following the completion of the transaction, the chief executive officer now directly owns 3,229,184 shares in the company, valued at approximately $60,062,822.40. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO James Kevin Hanna sold 17,500 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $20.02, for a total transaction of $350,350.00. In the last quarter, insiders have sold 599,069 shares of company stock valued at $11,362,383. Corporate insiders own 1.15% of the company’s stock.

Several institutional investors have recently bought and sold shares of MPW. Marshall Wace LLP acquired a new position in shares of Medical Properties Trust during the 1st quarter worth about $148,000. Public Employees Retirement Association of Colorado boosted its stake in shares of Medical Properties Trust by 193.9% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 72,478 shares of the real estate investment trust’s stock worth $1,253,000 after buying an additional 47,818 shares during the last quarter. Natixis Advisors L.P. boosted its stake in shares of Medical Properties Trust by 6.8% during the 1st quarter. Natixis Advisors L.P. now owns 19,309 shares of the real estate investment trust’s stock worth $334,000 after buying an additional 1,236 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Medical Properties Trust by 49.8% during the 1st quarter. Fifth Third Bancorp now owns 27,130 shares of the real estate investment trust’s stock worth $469,000 after buying an additional 9,021 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV boosted its stake in shares of Medical Properties Trust by 5.4% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 94,317 shares of the real estate investment trust’s stock worth $1,631,000 after buying an additional 4,842 shares during the last quarter. Institutional investors own 83.19% of the company’s stock.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc is a self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities. MPT's financing model helps facilitate acquisitions and recapitalizations and allows operators of hospitals and other healthcare facilities to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

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